License Agreement

Description

This agreement establishes a relationship between two companies, Licensor and Licensee, whereby the Licensor grants a license of intellectual property rights (patents, trademarks, utility models, industrial designs, know how) that are required in order for the Licensee to manufacture and sell the products in a defined territory.

In the most important aspects of the contract (technology, exclusivity, royalties, termination of contract, applicable law and competent jurisdiction, etc.) different alternatives have been provided, for the most appropriate one to be selected according to who drafts the contract (Licensor or Licensee).

The language of this contract is English. It is available also in Spanish.

This is a model of License Agreement suitable for companies based in the same country. If the Licensor and the Licensee are located in different countries the International License Agreement should be used.

Index of the Contract

Parties Recitals Articles ----------------- 1. Object 2. Territory 3. Technology 4. Exclusivity 5. Obligations of the Licensor

6. Obligations of the Licensee 7. Front-end fee 8. Royalties 9. Minimum royalties 10. Date for payment of royalties 11. Prohibition of concession 12. Sub-licenses 13. Subcontracting

14. Mention of Licensor and labelling 15. Registration of transactions 16. Control of transactions 17. Entry into force and term of contract 18. Termination of contract 19. Completion of contract 20. Confidentiality

21. Applicable law and competent jurisdiction ------------------ Signatures Annexes

Contracts in other languages	Bestsellers Contracts
License Agreement in other languages: • License Agreement in Spanish	•   Distribution Contract •   Sales Representative Agreement •  Joint Venture Contract •  Franchise Contract •  Supply Contract